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Petrobras has awarded Tenaris a four-year contract for the supply of a comprehensive package of products and services for its flagship Buzios deepwater project. View the full article
Equinor has awarded Tenaris the supply of tubulars for the Northern Lights CO2 transport and storage facilities in Norway. From its Dalmine mill in Italy, Tenaris will produce 105km 12” Carbon Manganese (C-Mn) seamless line pipe for the milestone project. View the full article
Tecnimont (MAIRE Group) has entrusted Tenaris with the supply of more than 24,500 tons of seamless pipes for a major gas project located in North Africa, designed to bolster energy security in Europe. View the full article
Tecnimont (MAIRE Group) has entrusted Tenaris with the supply of more than 24,500 tons of seamless pipes for a major gas project located in North Africa, designed to bolster energy security in Europe. View the full article
Tenaris has been awarded the supply of a complete package of products, technologies and services for the Libra offshore exploratory block - renamed Mero 3 - in Brazil’s pre-salt, one of the largest deepwater discoveries in the world. View the full article
Tenaris is expanding its Rig Direct® service package with the introduction of WISer™, a suite of digital solutions designed to enhance well integrity, safety, efficiency and reliability in well construction operations. View the full article
Tenaris is scaling up industrial activity at its Conroe, Texas plant, adding about 140 employees onboard to support the facility’s ramp up, which includes a $600,000 investment in IT and automation infrastructure. View the full article
Tellurian Inc. withdrew a $1 billion high-yield bond sale, leaving the future of its U.S. natural gas export project in limbo. The stock plunged more than 24%. View the full article
A Tellurian Inc. investor is urging the would-be U.S. energy exporter to put itself up for sale, saying poor governance, nepotism and “misleading communications” have doomed the company’s $12.8 billion aspiration to ship shale gas overseas. View the full article
Tellurian Inc. announced that its subsidiary, Tellurian Production, closed on its previously announced acquisition of $125.5 million worth of assets in the Haynesville shale basin. View the full article
The new pump technology will support and enable the gas stream, rich in CO2, to be separated and pumped immediately back into the reservoir at the seabed, 2000 m below the water line, allowing FPSOs to improve their efficiency and reduce their carbon footprint, further enhancing production. View the full article
TechnipFMC and Prysmian today announced the two companies have signed a collaboration agreement to further accelerate the global development of floating offshore wind to help meet growing demand for renewable electricity. View the full article
The National Ocean Industries Association announced that TechnipFMC and Aker Solutions are the winners of the 2022 NOIA Safety in Seas Awards competition. View the full article
TechnipFMC has secured an integrated engineering, procurement, construction, and installation (iEPCI) contract from bp for its greenfield Kaskida development in the Gulf of Mexico. View the full article
TechnipFMC has entered into an agreement with Magnora ASA to jointly pursue floating offshore wind project development opportunities under the name Magnora Offshore Wind. View the full article
The first award is a “substantial” contract to design, engineer, and manufacture riser flexible pipe. The second award involves work to design, engineer, and manufacture subsea production systems to be deployed on the Atapu 2, Sepia 2, and Roncador projects. View the full article
TechnipFMC has been awarded a “substantial” contract by Petrobras to supply flexible pipe for the pre-salt fields offshore Brazil. The contract covers the design, engineering, and manufacture of flexible pipe for water injection and gas lift.
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The subsea infrastructure will tie back to the Energean Power floating production, storage, and offloading vessel (FPSO), which currently serves the Karish and Karish North developments. TechnipFMC also delivered fully integrated subsea solutions utilizing our iEPCI™ execution model for both of these developments. View the full article
TechnipFMC has been awarded an additional contract and received notice to proceed by ExxonMobil affiliate Esso Exploration and Production Guyana Limited for its Yellowtail development in the Stabroek Block offshore Guyana. View the full article
TechnipFMC has been awarded a significant engineering, procurement, construction and installation contract by TotalEnergies for its Lapa North East field in the pre-salt Santos Basin offshore Brazil. View the full article
TechnipFMC has been awarded a significant engineering, procurement, construction and installation contract by Shell plc for the Jackdaw development, located in the United Kingdom North Sea. View the full article
SBM Offshore, Technip Energies and TechnipFMC all announced today the securement of major contracts for the GranMorgu field development project located in Block 58 in Suriname, operated by TotalEnergies. View the full article
The Memorandum of Understanding details intent to carry out knowledge transfer initiatives in technologies relating to water, oil and gas treatment process engineering, onshore platform function and maintenance, along with offshore gas field management and energy transition principles. View the full article
Technip Energies and SBM Offshore announced the formal implementation of Ekwil, a 50/50 floating offshore wind joint-venture. Ekwil is a pure player delivery partner offering a diversified range of ‘series production’ floating offshore wind solutions to meet the growing and demanding needs of energy customers around the world.
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The Arctic LNG 2 is located in Gydan, Northern Russia and is one of the world largest LNG projects under construction today with a total capacity of 3 x 6.6 million tons per annum. View the full article
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About this blog
I started this blog to express what I sense about the highs and lows of the oil realm, while cautiously analysing historical data, taking into account the geo-political development at the time of recording them.
I got into this field, having been a passive observer of fluctuations of crude oil prices and their global consequences for years.
Then, when on the day of Great Oil Crash in April, 2020, I made a decision to make my own blog, with the motto, ‘analysing data that really matters’.
Having come from an academic background in mathematics and physics, I analyse data using my own tools, created with JavaScript and Python, taking my decision on board while making decisions.
